Low Income Apartments For Rent in Terre Haute, IN

Rental assistance programs support 1,266 low-income homes in Terre Haute where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $302 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Terre Haute, Indiana

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority	Programs
Terre Haute Housing Authority	Section 8 Housing Choice Voucher (HCV); Public Housing
Indiana Housing and Community Development Authority	Section 8 Housing Choice Voucher (HCV)

Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Terre Haute.

Terre Haute, Indiana Affordable Housing Data

Income Based Apartments in Terre Haute, Indiana

Terre Haute features 1,266 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Terre Haute, Indiana

There are 589 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Terre Haute.

Housing Choice Vouchers in Terre Haute, Indiana

On average, Section 8 Housing Choice vouchers pay Terre Haute landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Terre Haute.

The maximum amount a voucher would pay on behalf of a low-income tenant in Terre Haute, Indiana for a two-bedroom apartment is between $868 and $1,060.

2024 Terre Haute, Indiana Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

	Studio	One BR	Two BR	Three BR	Four BR
Terre Haute, Indiana Fair Market Rent	$741	$766	$964	$1,166	$1,398
Terre Haute, Indiana Payment Standard Range	$667 to $815	$689 to $843	$868 to $1,060	$1,049 to $1,283	$1,258 to $1,538

Sourced from federal housing data and AffordableHousingOnline.com research.

Terre Haute, IN Affordable Housing Snapshot

Total Affordable Apartment Properties 73

Total Low Income Apartments 1,953

Total Housing Units with Rental Assistance 1,266

Percentage of Housing Units Occupied By Renters 48.45%

Average Renter Household Size 2.27

Average Household Size 2.35

Median Household Income $31,817 ±$1,196

Median Rent $659 ±$22

Percentage Of Renters Overburdened 52.93% ± 3.99pp

Total Population 61,061

Total Affordable Apartment Properties	73
Total Low Income Apartments	1,953
Total Housing Units with Rental Assistance	1,266
Percentage of Housing Units Occupied By Renters	48.45%
Average Renter Household Size	2.27
Average Household Size	2.35
Median Household Income	$31,817 ±$1,196
Median Rent	$659 ±$22
Percentage Of Renters Overburdened	52.93% ± 3.99pp
Total Population	61,061

Population and Household Demographics

Terre Haute is a city in Vigo County, Indiana with a population of 61,061. There are 22,261 households in the city with an average household size of 2.35 persons. 48.45% of households in Terre Haute are renters.

Income and Rent Overburden in Terre Haute

The median gross income for households in Terre Haute is $31,817 a year, or $2,651 a month. The median rent for the city is $659 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Terre Haute, a household making less than $2,197 a month would be considered overburdened when renting an apartment at or above the median rent. 52.93% of households who rent are overburdened in Terre Haute.

Area Median Income In Terre Haute

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Terre Haute, the AMI is calculated from all households within Vigo County.

In Terre Haute, HUD calculates the Area Median Income for a family of four as $80,600

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Terre Haute

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Terre Haute

	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30% AMI Income Limits Renters earning up to 30% of the Terre Haute AMI may qualify for rental assistance programs that target Extremely Low Income households.	$16,600	$19,720	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Terre Haute AMI may qualify for rental assistance programs that target Very Low Income households.	$27,650	$31,600	$35,550	$39,450	$42,650	$45,800	$48,950	$52,100
80% AMI Income Limits Renters earning up to 80% of the Terre Haute AMI may qualify for rental assistance programs that target Low Income households.	$44,200	$50,500	$56,800	$63,100	$68,150	$73,200	$78,250	$83,300